Cryptocurrency has rapidly taken off in recent years, both in sports betting and beyond. The International Betting Integrity Association's (IBIA) Jack Byrne (pictured) discusses what this might mean for sporting integrity and whether there may be a solution to match-fixing concerns.
Over a decade on from the inception of Bitcoin in 2009, cryptocurrencies are emerging from their infancy, becoming an increasingly used method for the buying and selling of products, from coffees to cars to yachts, as well as being able to fund recreational activities such as sports betting.
Indeed, while crypto-usership was once seemingly limited to coding enthusiasts and speculating students, it is now exploding as tech savvy Millennials are being joined by Generation Z to push the number of cryptocurrency users beyond an estimated 100 million globally.
This growth in demand, and speculation of future demand, pushed the often-volatile price of Bitcoin to a high in excess of $60,000 i..